So let me get this straight, I go to the grocery store and buy a pound of sliced ham in a plastic bag, a loaf of bread in a plastic bag, a gallon of milk in a plastic jug, a pack of napkins in plastic wrap, a store-made salad in a plastic 1 tub, a plastic bottle of mustard and ketchup, but they won’t give me a plastic bag to carry at home because the plastic bag is bad for the environment?

SA June 18: Gap up, beware. Last night, the $QQQ $SPY index morfed into the 6hr bottom and it was on schedule and on the dot! This 6hr cycle is right translated, so we can expect a higher high. The last 2hr was left translated. This recent 2hr will probably tell the story on how (and if) we get to the recent high. Again, this beginning of the 6hr cycle is also strong, so this 2hr is also strong and right translated. Because the MCL of the 2hr has been set in the 8th (because that was the 1hr cycle bottom - not shown) candle. That means this 2hr cycle is also right translated. For today, happy trading

SA June 17: today is a FED day "no change in the rates". But can be choppy. Depends on how the market react on what the new chairman says. The $QQQ $SPY 4hr low is in, but this first reaction is not strong, so there is a probability this cycle morf into a 6 hr cycle. For that we will probably see a lower low than this 4hr bottom. It's cycle is right translated so we can see new highs maybe tomorrow or the next trading day. Happy trading

This AVWAP since the catalyst has to be cleared. I know @PradeepBonde doesn't use any other indicator on his charts but if you look at the AVWAP up till now it let the stock snow. It's not raining yet. This stock needs a bright sky. $SNOW

SA June 16: first a pause maybe later up. The $QQQ $SPY NQ futures are due for a pause. The 4hr bottom is coming in. This cycle is right translated, higher highs after this bottom can be expected. This pause will give some pressure on individual stocks. Happy trading #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen

SA June 15: Breakouts likely to work. "Beware of the gap." The NQ futures $QQQ $SPY behave like clockwork. The start of every cycle is the most bullish part of the cycle and the last part of any cycle is the most bearish. We are in the start of a Mid Cycle Low in the week. We see a quick move toward the previous highs. This first 4hr cycle is again right translated and in it's 15th bar. So maybe some pause or little correction in the last part of this 4hr cycle? After that bottom there is a high probability we see a new high in this daily cycle. Maybe some pause around previous highs? We will see. One bar at a time. Happy trading #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen

The first trillionaire in human history - Elon Musk - Born in South Africa - Bullied relentlessly as a kid - Immigrated to North America - Arrived with a backpack and a dream - Built Zip2 with his brother - Sold it 4 years later for $300 million - Co-founded PayPal with the profits - Revolutionised digital payments - Sold PayPal to eBay for $1.5 billion - Bet everything on Tesla and SpaceX - Got mocked for electric cars - Got laughed at for reusable rockets - Nearly went bankrupt in 2008 - Kept building anyway - Turned Tesla into the world’s most valuable automaker - Made EVs mainstream and transformed the automotive industry - Made reusable rockets a reality - Reduced the cost of reaching space by 95% - Sparked the modern commercial space race - Built Starlink and connected millions around the world to high-speed internet - Turned SpaceX into the most valuable private company in history - Bought Twitter for $44 billion - The world said he overpaid - He was called reckless, stupid & crazy - Advertisers fled, media declared it dead - Critics called it the worst acquisition in tech history - Renamed it 𝕏 - Rebuilt the platform anyway - Turned it into one of the most influential platforms on Earth - Launched xAI and accelerated the global AI race - Sent astronauts to space - Is trying to get humans to mars - Created millions of jobs - Generated hundreds of billions in value - Inspired an entire generation of builders Before: - Failed repeatedly - Worked insane hours - Slept in factories and offices - Got bullied, laughed at and mocked - Constantly told “it’s impossible” - Kept building anyway - Made it possible Today: - Richest person on Earth - First trillionaire in human history - Largest IPO in history $1.77 trillion Most people quit when the world laughs at them. Elon Musk built the future instead. Love him or hate him… Nobody has changed more industries in a single lifetime. Payments. Cars. Energy. Space. Social Media. Communications. AI. History won’t remember the people who said it couldn’t be done. It will remember the people who did it anyway. Congratulations Elon. The first trillionaire. 🚀

SA June 12: Breakouts likely to work. Yesterday the $QQQ $SPY NQ futures and lots of stocks made big moves. The analyses yesterday was that the Mid Cycle Low was probably in. Now that the daily low is also in, we can wonder what is next? Because the 3 daily cycles in this weekly cycle are all right translated, the probability is very high we see a quick move up to the previous all time highs. After that? Well, we are in the 4th cycle of this weekly cycle which has normally 5 daily cycles in it's weekly cycle. So there are 2 daily cycles left in this weekly cycle. I think there are three possibilities. 1) a thrust higher. 2) a false break of previous highs and than lower for the weekly bottom. 3) A move just below previous highs and than the move lower for the weekly bottom. There is probably also a fourth or fifth possibility. I'm moving to far ahead. @LindaRaschke says, "one bar at a time". For now, the 2hr was right translated and made it's new high already (in it's own 2hr cycle). That means the 4hr is also right translated. Happy trading and have a nice weekend. #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen @BobLoukas

Till now, like clockwork. $QQQ $SPY

SA June 11: this could be the MCL in the week. In the overnight market the NQ futures $QQQ $SPY made it's 4hr bottom. What is strange is that this bottom is of a higher cycle and is also higher than the 2hr bottom the day before. With the minus 20% study at 99 and the day before > 100 those are bottoming numbers. RSI2 is also in bottom territory. The one thing that is not done is the cycle count. If my counting is correct, we miss 1 x 2hr cycle to complete this whole cycle. But the higher cycles are dominant over the shorter term cycles. The 12hr shows divergence and made it's biggest upward candle since this last daily cycle. We need to break at minimum yesterdays high and 29,848.25 for confirmation. Bought back the TQQQ's. Happy trading. #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen @PradeepBonde

SA June 10: can go both ways. Yesterday was definetly the 2hr bottom. Just now the MCL of the 2hr has been set. It's also the first higher low. There is a slight possibility the bottom is in. For that, the NQ $QQQ $SPY need to move above this overnight high and after that break yesterdays high. Otherwise this 2hr will be broken to put in a 4hr bottom. We will see bar by bar. Happy trading #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen

Posted earlier today. Did not expect such a deep one. But you never know what you get

SA June 9: some more chop to come? Mark Douglas wrote "Anything is possible". The question is, is it also normal behaviour? What is normal after such a down move $QQQ $SPY last friday? a) follow through to the downside. Well that didn't happen. b) price moves away in time, meaning sideway action. The second would be normal behaviour since we didn't see follow through. Sideways action means a bit up and down so price moves away in time from the event. The blue colored line in the charts is one of the possibilities. I expect some kind of test of the last friday low these coming days. (I) Only trade 'A' quality setups the coming days. Happy trading #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen

SA June 8: chop fest for few days? The NQ futures $QQQ $SPY broke it's 12hr bottom in only the 4th 12hr candle. That is very bearish and a left tranlated cycle. The sell off was severe, @LindaRaschke calls this a single print bar. This works something like a gap. Most of the time when this happens you see some range bound trading in the days after such a down move. The 12hr is halfway it's cycle, so we have a few days left before the 3day bottom is in. This bottom is probably also the Mid Cycle Low of the weekly cycle. We are today in the 10th week after the bottom. So maybe later this week we see the bottom and the market will probably try to make a move to previous highs after that MCL in the week. But it can happen every day because the higher cycle is dominant over the lower cycles. That means the lower cycles don't have to be all in before the weekly is in. Happy trading. #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen @BobLoukas

SA June 8: chop fest for few days? The NQ futures $QQQ $SPY broke it's 12hr bottom in only the 4th 12hr candle. That is very bearish and a left tranlated cycle. The sell off was severe, most of the time when this happens you see some range bound trading in the days after such a down move. The 12hr is halfway it's cycle, so we have a few days left before the 3day bottom is in. This bottom is probably also the Mid Cycle Low of the weekly cycle. We are today in the 10th week after the bottom. So maybe later this week we see the bottom and the market will probably try to make a move to previous highs after that MCL in the week. But it can happen every day because the higher cycle is dominant over the lower cycles. That means the lower cycles don't have to be all in before the weekly is in. Happy trading. #NQ_F #NASDAQ #NASDAQ100 #FuturesTrading #Stock #stockmarkets #cycles #SP500 #SPX #MarketStructure #MarketTrends #MarketWatch $SNDK $MU $NVDA $WDC $STX #TradFi @RichardMoglen @BobLoukas

Well, the red (bearish) line it was. $QQQ $SPY #BEAR